Episode .
14

Ep.14 Let’s talk about CEX vs DEX

Welcome to Web3 Weekly by Blockstars: The discussion on CEX vs DEX is coming. In the episode of the Blockstars Web3 Weekly Podcast named “CEX vs DEX,” the team talks with the special guest Lucas Cullen from DLTX about the intricacies of centralised exchanges (CEX) and decentralised exchanges (DEX), listing the pros and cons of each.
Welcome to Web3 Weekly by Blockstars, your go-to source for all things Web3 and Blockchain, hosted by the Blockstars team. Our mission is to educate and guide you on your Web3 journey. So, join us as we explore the fascinating world of Web3 and Blockchain together.
Listen on

Welcome to Web3 Weekly by Blockstars, hosted by the Blockstars team

We will be talking about everything Web3 and Blockchain. Apart from the weekly Podcast, we will also use this platform to include keynote speeches our team presents. We will keep this light and fun, and easy to listen to. We will dive deep into the technology from time to time, but our goal is to educate and bring all of you on the Web3 journey with us.

We will talk about popular technologies such as Blockchain, Development, NFTs and Crypto, and please be advised whatever is spoken about here is not financial advice.

Summary

The conversation starts with a brief profile of Lucas Cullen, a cryptocurrency veteran who adds his knowledge to the theme of CEX and DEX. The episode highlights the underlying differences between centralised and decentralised exchanges, covering issues related to asset custody, operational risks, liquidity, and consumer convenience.

The team debates on the effect that the most recent high-profile failures of centralised exchanges have had and the resulting consumer lack of confidence. They investigate the security and operational distinctions between CEX and DEX, emphasising the control and responsibility users have with DEXs and the trust of third parties with CEXs.

The dialogue further touches upon the regulatory environment, the need for transparency in exchange operations, and the changing issues and opportunities within the exchange ecosystem.

Key Topics

CEX vs DEX Overview: Investigating the core discrepancies between centralised and decentralised exchanges.

Security and Trust: The division of security duties between the users and the exchanges in CEX and DEX environments.

Is CEX safer than Dex.

What is a Centralised Exchange

Regulatory Considerations: Regulation’s effect on the functioning and reliability of exchanges.

Are Dex better than CEX.

Thought-Provoking Questions

What are the major security concerns for users of CEXs and DEXs and how do they differ?

Why are DEXs better than CEXs?

Is Dex cheaper than CEX?

What is the biggest dex on binance chain?

What is the impact of the recent dynamics in the crypto market on the perception and operation of CEXs and DEXs?

What crypto is actually decentralized?

What is the downside of Dex?

What is a Decentralized Exchange

What is the advantage of the centralised exchange CEX over the decentralised exchange DEX?

Is Binance a CEX or Dex?

Is Coinbase A Dex or CEX?

What part does regulation have in the future of CEXs and DEXs and how can it increase consumer trust and financial market stability?

To sum up, Episode 14 of the “Blockstars Web3 Weekly Podcast” gives a detailed review of the centralised and decentralised exchanges and helps the listeners to understand how these exchanges work, what the risks are and how are they changing.

Blockstars Technology is a blockchain development company with over 70+ people based in Australia Gold Coast

Blockstars can help you develop your Blockchain/AI project from idea to going live no matter what stage you’re in! With a team of experts in many different blockchains and a commitment to providing nothing but top quality services, Blockstars is your one stop shop for those seeking to launch a successful Web3, blockchain or AI projects.

Hope you guys Enjoy this light hearted episode! Tell us what else you would like us to cover on Blockstars Web3 Weekly.

Make sure to go check out our website for more info! https://blockstars.com.au

Also you can Tweet us on at X https://twitter.com/Blockstars_Tech/

Or drop us an email at: [email protected]